XRP price started a fresh decline below the $2.20 zone. The price is now consolidating and might aim for a recovery wave above the $2.120 resistance. XRP price started a fresh decline below the $2.20 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2.192 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.120 resistance zone. XRP Price Dips To Support XRP price failed to gain pace for a move above the $2.220 level and started a fresh decline, like Bitcoin and Ethereum. There was a move below the $0.2150 and $0.2120 levels. Besides, there was a break below a key bullish trend line with support at $2.192 on the hourly chart of the XRP/USD pair. Finally, the price tested the $2.050 zone. It is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $2.281 swing high to the $2.056 low. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.120 level. The first major resistance is near the $2.150 level. The next resistance is $2.1750. It is near the 50% Fib retracement level of the downward move from the $2.281 swing high to the $2.056 low. A clear move above the $2.1750 resistance might send the price toward the $2.20 resistance. Any more gains might send the price toward the $2.220 resistance or even $2.2420 in the near term. The next major hurdle for the bulls might be $2.250. More Losses? If XRP fails to clear the $2.15 resistance zone, it could start another decline. Initial support on the downside is near the $2.050 level. The next major support is near the $2.020 level. If there is a downside break and a close below the $2.020 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.920 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.050 and $2.020. Major Resistance Levels – $2.120 and $2.150.
XRP’s price action is currently exhibiting a back-and-forth pattern around $2.20, but an interesting technical analysis suggests it may soon leave this price level. A chart analysis posted by a crypto analyst on the social media platform X has given an interesting projection about XRP’s next move. By overlaying XRP’s current weekly chart with its explosive 2017 fractal, the analyst hints that the altcoin might be on the verge of a repeat performance that sends it far beyond its current price range. 2017 XRP Fractal Overlaid Technical analysis of XRP price action on the weekly timeframe reveals an interesting pattern that has been unfolding over multiple weeks. This interesting pattern began with the intense XRP price rally in Q4 2024, which eventually ended in a consolidation around $2, as seen in the current price action. This, in turn, has led to the formation of a flag pattern that is still playing out. Related Reading: Analyst Shows 3-Cycle Ride For XRP Price To Reach $46 The core of the analyst’s technical analysis lies in the uncanny resemblance between XRP’s present market structure and the bullish pattern that preceded the historic 2017 rally. As such, the analyst overlaid the 2017 fractal onto the current price action, revealing a formation that mirrors a giant bull flag, which is often interpreted as a technical continuation pattern. The analysis also places into focus XRP’s ongoing interaction with the 50-week exponential moving average (EMA) on the weekly candlestick timeframe. Back in 2017, this level acted as a support base for XRP’s vertical breakout. Now, the current pattern shows the cryptocurrency is once again consolidating directly above this moving average, which the analyst describes as the foundation of a giga bull flag. The resemblance doesn’t stop at price structure. The analyst also draws attention to the RSI behavior. Back in 2017, the RSI entered a flat compressed zone between two spikes on the weekly timeframe, a pattern that appears to be repeating today. The first RSI peak has already formed, and the current flattening phase suggests a possible second spike may soon follow, which could correlate with a breakout in price if the fractal stays valid. What To Expect If 2017 Fractal Plays Out Again? The implications are exciting if XRP follows the same trajectory as it did in 2017. The overlay suggests a price rally beyond $20, which would represent the biggest rally so far in XRP’s price history. The projected move would take XRP far beyond its 2018 all-time high of $3.40 and establish a new price floor above double digits for the cryptocurrency. This projection aligns with other projections in similar technical analyses from other cryptocurrency analysts. Related Reading: XRP Price Is Now Targeting $4 After Reversal From ‘Buy Zone’ At the time of writing, XRP is trading at $2.2, down by 2,3% in the past 24 hours. Whether or not XRP follows the 2017 pattern exactly remains to be seen, but the similarities in price behavior, RSI compression, and EMA support are difficult to dismiss. Featured image from Getty Images, chart from Tradingview.com
XRP price started a fresh increase above the $2.220 resistance zone. The price is now consolidating and might aim for a move above the $2.250 resistance. XRP price started a fresh increase above the $2.220 zone. The price is now trading above $2.220 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.185 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.250 resistance zone. XRP Price Holds Support XRP price remained stable above the $2.050 support and started a decent upward move, beating Bitcoin and Ethereum. There was a move above the $0.2150 and $0.20 levels. The bulls were able to clear the $2.25 resistance zone. A high was formed at $2.2816 and the price is now correcting gains. The price dipped below the $2.25 level and the 50% Fib retracement level of the upward move from the $2.137 swing low to the $2.2816 high. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2.185 on the hourly chart of the XRP/USD pair. It is near the 61.8% Fib retracement level of the upward move from the $2.137 swing low to the $2.2816 high. On the upside, the price might face resistance near the $2.2320 level. The first major resistance is near the $2.250 level. The next resistance is $2.2850. A clear move above the $2.2850 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance or even $2.380 in the near term. The next major hurdle for the bulls might be $2.40. Downside Break? If XRP fails to clear the $2.25 resistance zone, it could start another decline. Initial support on the downside is near the $2.20 level. The next major support is near the $2.1850 level. If there is a downside break and a close below the $2.1850 level, the price might continue to decline toward the $2.150 support. The next major support sits near the $2.120 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.20 and $2.1850. Major Resistance Levels – $2.250 and $2.30.
According to expert analysts, the XRP price is showing renewed bullish momentum, with projections suggesting a potential rally to the 1.618 Fib at $21 this bull cycle. While this projection may seem ambitious, the analyst’s bullish outlook doesn’t stop there. Once XRP hits $21, it is expected to continue its upward trajectory toward its next target of $152. XRP Price Eyes Powerful Breakout To New Targets A recent technical analysis of XRP’s long-term price chart is igniting significant buzz in the crypto community, as the altcoin appears to be forming a familiar pattern that previously led to exponential gains. The chart, published by a well-known crypto expert, Javon Marks, suggests that XRP could be on the brink of a powerful price breakout, with expectations pointing toward the $21 price level and beyond. Related Reading: Wave Structure Puts XRP Price In The $18.22-$23.20 Range In The Short Term Marks’ analysis identifies two major symmetrical triangle formations in XRP’s price history—one that preceded its explosive rally in 2017 and another that concluded with a fresh breakout in 2024. In the earlier cycle, XRP surged thousands of percent after breaking out of its consolidation pattern, topping near the 2.272 Fibonacci level. This historical price movement is now being used to forecast what could come next for the altcoin. According to the chart, XRP recently rose to the 1.0 Fibonacci level near $3.31 but retraced back toward $2. If the current cycle mirrors the previous one, Marks predicts that the next significant level of interest lies at the 1.618 Fibonacci Extension level, which aligns with the $21 price target. Notably, a surge to this double-digit territory would represent an over 800% increase from current levels around $2.23. However, Marks’ optimistic projection does not stop there. Should XRP replicate the full extension it made in the past, the price is forecasted to reach the 2.272 Fibonacci level once again, this time sitting around a jaw-dropping $152. While this forecast may seem over the top, the analyst has shown strong confidence in XRP’s future price outlook, utilizing past price action as a blueprint and technical indicator to determine the altcoin’s upside potential. Analyst’s XRP Forecast Met With Skepticism On one hand, Marks’ bullish XRP price forecast was met with excitement, and on the other, the majority of crypto community members expressed doubts about the overly ambitious targets. The projection of a move to $21 and possibly even higher to $152 has been met with caution and skepticism among community members. Related Reading: Bullish Candle Formation Suggests The XRP Price Could Touch $22 While historical patterns can provide a roadmap to a potential price rally, critics responding to Marks’ analysis argue that reaching the triple-digit territory is virtually impossible for XRP currently. One member suggested that a more realistic target for the altcoin was between $13 and $20. Others questioned the feasibility of hitting these bullish targets within the proposed timeline, debating whether it could happen by the end of 2025 or even Q1 2026. Featured image from Getty Images, chart from Tradingview.com
XRP price started a fresh increase above the $2.20 resistance zone. The price is now consolidating and might aim for a move above $2.30 resistance. XRP price started a fresh increase above the $2.20 zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.20 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another decline if it fails to clear the $2.30 level. XRP Price Eyes Fresh Gains XRP price remained stable above the $2.020 support and started a decent upward move, beating Bitcoin and Ethereum. There was a move above the $0.2120 and $0.220 levels. The bulls were able to clear the 50% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2081 low. Besides, there was a break above a key bearish trend line with resistance at $2.20 on the hourly chart of the XRP/USD pair. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.2850 level. It is near the 76.4% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2081 low. The first major resistance is near the $2.30 level. The next resistance is $2.320. A clear move above the $2.320 resistance might send the price toward the $2.350 resistance. Any more gains might send the price toward the $2.3650 resistance or even $2.3850 in the near term. The next major hurdle for the bulls might be $2.40. Another Drop? If XRP fails to clear the $2.30 resistance zone, it could start another decline. Initial support on the downside is near the $2.220 level. The next major support is near the $2.20 level. If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.150 support. The next major support sits near the $2.120 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.220 and $2.20. Major Resistance Levels – $2.2850 and $2.30.
XRP’s price is now looking to break above $2.20 again after inching a few moves upwards in the past 24 hours. Notably, the cryptocurrency’s price action has seen a volatile movement over the past week. After briefly rallying above $2.65 earlier in May, XRP failed to sustain its momentum, instead trending downwards until it rebounded at $2.10 on the last day of May. Amid this backdrop of price action, there have been discussions around the timing for the next major price movement for XRP. A fresh outlook by a crypto analyst suggests XRP investors should pay attention to June 3 to June 6. Crypto Analyst Predicts Timeline For XRP Bottom And Breakout A crypto analyst known pseudonymously as WatersAbove has drawn attention to specific calendar dates that could play important roles in XRP’s short-term and long-term price trajectories. Taking to the social media platform X to share his outlook, the analyst suggested that June 4th to 6th could mark the bottom for XRP before there is any significant upside. Related Reading: Wave Count Analysis Reveals The XRP Price Trigger Point For Take-Off However, aside from this bottom, what’s more important is the potential price manipulation that could take place within this period. According to the crypto analyst, this particular window between June 3 and June 6 will likely be characterized by market manipulation, as larger players may be attempting to shake out weak hands ahead of a more decisive rally. “In the meantime, watch out for this week ahead,” the analyst said. Although WatersAbove did not accompany the prediction with any technical chart, the confidence in his tone resonates among XRP investors who are closely watching these dates for signals of a bottom, as shown in the post’s comments. Straight Line Breakout To $10 For XRP What made the analyst’s prediction even more interesting was the projected price target and timing after the manipulation is over. According to the analyst, XRP could be on a straight-line trajectory to $10 by late July or early August, nearly a 5x move from current levels. This kind of breakout, if it occurs, would mirror XRP’s explosive run in Q4 2024 and also back in 2018. However, this time would require much more inflows that can be gotten from institutional backing. Related Reading: XRP Price Consolidates In Tight Bullish Compression Pattern, Why $5 Is Possible Interestingly, the analyst’s prediction is that the rally will start sometime around June 18 in a straight-line breakout manner. Although the prediction is bold, it’s not the first time such a target has been floated by long-time XRP supporters. According to a similar analysis by EGRAG CRYPTO, XRP is on the verge of a breakout to double digits in the coming months. Crypto analyst Dark Defender also highlighted a new wave structure that could send the XRP price towards the $18.22 to $23.20 price range in the short term. On the other hand, crypto analysts like Dr Cat (@DoctorCatX) are less bullish. Notably, the analyst’s technical analysis suggests that any bull run for XRP might be delayed until November 2025. At the time of writing, XRP is trading at $2.20, up by 1.63% in the past 24 hours. A surge to the analyst’s $10 price target would translate to a 350% increase from the current price. Featured image from Getty Images, chart from Tradingview.com
The XRP price may be on the verge of a significant breakout, according to a new wave count analysis combining the Elliott Wave Theory and the Wyckoff reaccumulation principles. After months of sideways trading and corrective movement, analysts have pinpointed a critical price level that could serve as a trigger point for XRP’s next leg higher. XRP Price Primed For Major Lift-Off From This Level A new analysis published by crypto analyst the ‘Charting Prodigy’ on X (formerly Twitter) suggests that the XRP price is following a clear Elliott Wave structure that began forming after the April lows this year. The price has completed Wave 1 of a new impulse cycle, followed by a WXY corrective Wave 2. Related Reading: XRP Price Risks Crash Below $2 As Correction Takes Hold, Here’s Why Recent price action also indicates that XRP is now entering sub-wave 3 of Macro Wave 5, which is typically the most powerful and extended wave in the cycle. The standout detail of Charting Prodigy’s analysis is the identified trigger level at $2.56. According to the expert’s analysis, a confirmed breakout above this critical trigger point could signal the start of a rapid markup phase, potentially propelling XRP toward the $2.9 to $3.4 range. The significance of this bullish target is supported by not only the Elliott Wave analysis but also the Wyckoff reaccumulation, Fibonacci extension targets, and the emergence of a bullish divergence forming on the Moving Average Convergence Divergence (MACD). Notably, the analyst points to a classic Wyckoff accumulation structure taking shape on the XRP price chart. He identified key phases such as Preliminary Support (PSY), Automatic Rally (AR), and Secondary Test (ST). The structure also included a “spring” phase and, most recently, a Last Point of Support (LPS). The emergence of these Wyckoff elements suggests that XRP has completed its reaccumulation and has entered the aforementioned markup phase, where price tends to go parabolic. The combination of these technical indicators and chart patterns also indicates that $2.65 is the level to watch as XRP makes its way up to price levels close to its former ATH. XRP Set For Double-Digit Target In 2 Weeks According to a new chart analysis by crypto analyst Egrag Crypto, XRP may be on the verge of a historic breakout. Presenting a 2-week price chart, the analyst highlights a macro bullish formation that could push XRP into double-digit territory—targeting $10, $18, $27, and even a whopping $55 in the months ahead. Related Reading: XRP Holds Midline Support That Has Led To Breakout In The Past, Why $2.9 Could Be Next Egrag Crypto’s chart draws attention to a long-standing macro ascending channel that XRP has respected since 2016. Past breakouts from similar setups have historically delivered exponential gains for the cryptocurrency. The key trigger, according to the analysis, is a decisive move above the 21-week timeframe. This same signal preceded XRP’s explosive rally in 2017 when it surged from under 1 cent to an all-time high of $3.84. Notably, the analysis emphasizes the importance of remaining within this macro ascending channel, indicating that as long as the lower trendline holds and the 21 EMA is breached, XRP’s bullish case remains intact. Featured image from Getty Images, chart from Tradingview.com
XRP price started a fresh decline below the $2.220 zone. The price is now correcting losses and might aim for a move above the $2.20 resistance. XRP price started a fresh decline below the $2.220 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.2180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another decline if it fails to clear the $2.220 level. XRP Price Dips Again XRP price failed to clear the $0.3250 resistance and started a fresh decline, like Bitcoin and Ethereum. There was a move below the $0.2800 and $0.2620 support levels. The price even dipped below the $0.20 support level. A low was formed at $0.2081 and the price is now consolidating losses. There was a minor move above the $0.2120 level. The price cleared the 23.6% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2081 low. The price is now trading below $2.220 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.220 level. There is also a key bearish trend line forming with resistance at $2.2180 on the hourly chart of the XRP/USD pair. It is near the 50% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2081 low. The next resistance is $2.250. A clear move above the $2.250 resistance might send the price toward the $2.280 resistance. Any more gains might send the price toward the $2.30 resistance or even $2.3250 in the near term. The next major hurdle for the bulls might be $2.40. Another Drop? If XRP fails to clear the $2.220 resistance zone, it could start another decline. Initial support on the downside is near the $2.1250 level. The next major support is near the $2.080 level. If there is a downside break and a close below the $2.080 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.120 and $2.080. Major Resistance Levels – $2.20 and $2.220.
XRP is once again under the spotlight as its price action shows signs of weakening across multiple timeframes. After a brief period of relative stability, recent breakdowns on the daily and intraday charts suggest a shift in market momentum that traders can’t ignore. As bearish pressure mounts and critical support levels begin to falter, XRP’s next move has become a major topic – will it find its footing soon, or is a deeper correction on the horizon? The XRP Key Bullish Divergence In an X update, prominent crypto analyst Gowanus Monster highlighted a critical technical development for XRP. According to his analysis, the token has completed a bearish Descending Triangle formation across multiple timeframes, a classic pattern that often signals continuation to the downside. Based on the measured move from this structure, the projected target is around $1.90, suggesting a potentially significant retracement if bearish momentum continues to build. Related Reading: XRP Price Slips Again — Is a Deeper Correction Underway? Zooming out to the weekly chart, the pattern is beginning to evolve into a well-defined structure, with clear upper and lower boundaries. Gowanus Monster noted that the current focus lies on identifying a higher low within this channel. He also pointed to a key principle: when a price rebound from the upper boundary of a descending channel fails to reach the lower boundary, instead bottoming out early, it often precedes a bullish breakout to the upside. This nuanced behavior, if confirmed, may set the stage for XRP to defy the current bearish structure and ignite a fresh rally beyond the confines of its channel. Bear Trap Scenario: When Oversold Meets Demand According to crypto analyst GemXBT, XRP remains firmly entrenched in a short-term downtrend, with price action currently trading below the 5, 10, and 20-period moving averages. This alignment of moving averages is a classic sign of sustained bearish momentum, suggesting that sellers continue to dominate the market in the near term. Related Reading: XRP Price Confirms Bullish Reversal Setup With This Demand Zone Presently, the Relative Strength Index (RSI) has dipped into the oversold zone, suggesting an imminent reversal or a period of consolidation as the market seeks equilibrium. Meanwhile, the MACD line remains below the signal line, indicating that downside pressure persists, and any potential recovery could face headwinds. From a price structure standpoint, GemXBT identified key support around $2.15, which could serve as a critical level for buyers to step in and defend. On the upside, resistance lies near $2.25, a zone that bulls would need to reclaim in order to shift short-term sentiment. The recent uptick in trading volume is worth noting, as it could introduce more volatility in the sessions ahead, either accelerating a breakdown if support fails or fueling a sharp recovery if sentiment flips. Featured image from Getty Images, chart from Tradingview.com
The recent price action for XRP has shown little sign of strength as the crypto is now battling sustained bearish pressure. Since the start of the correction phase on May 12, XRP has posted consecutive lower highs on the daily timeframe, slipping further from its May peak of $2.65. This ongoing decline comes after a rally that started last month, which saw the XRP price rebound from $1.80 in early April. However, the momentum that drove that surge has now been overtaken by a clear wave of red candles, and technical analysis suggests that the XRP price can crash below $2 again in the coming days to the April low. MasterAnanda Flags Risk Of Further XRP Downside A recent technical update shared by analyst MasterAnanda on TradingView reinforces the short-term bearish sentiment. The chart shared alongside the analysis shows XRP has broken down from a rising channel, with three consecutive daily closes below the lower trendline. Related Reading: Analysts Are Predicting XRP Price To Climb Above $20 In Unexpected Rally These three consecutive red days have rejected the setup of an upwards bounce on the lower trendline. Although XRP is still trading above $2 right now, the longer it continues to trade below the $2.30 region, the more likely a steeper drop becomes. In his analysis on TradingView, the analyst MasterAnanda acknowledged that XRP may appear due for a rebound, but the underlying signals tell a different story. “It looks like XRPUSDT can recover any minute now, but the correction might not be over,” the analyst noted. Interestingly, despite the ongoing decline, bearish volume has been quite low. This shows that the selling may not be particularly strong, but also not challenged. This low-volume pullback suggests the market is drifting down due to a lack of buyers rather than intense selling pressure. Even so, the analyst noted that XRP has yet to reach a solid support level. XRP Bullish Long-Term, But Can Crash Below $2 Although the short-term chart paints a troubling picture, MasterAnanda is confident in XRP’s bullish trajectory in the long term. However, the Fibonacci retracement levels marked on the chart show that the price has already dropped through the 0.382 zone and is hovering near the 0.236 line at $2.035. Beneath that, the low near $1.75 is the critical area to watch, which aligns with the analyst’s projected support zone. Related Reading: Can XRP Market Cap Touch $1.5 Trillion? Analyst Reveals The Math Behind It If XRP fails to hold above $2.00, it could slip toward that higher low. A red arrow drawn on the daily candlestick timeframe chart shows the trajectory of this decline. As such, XRP traders should prepare for the possibility of a strong downside unless a strong reversal happens before the crypto breaks below $2. XRP’s bearish sentiment is gradually intensifying. If this correction continues unchecked, a retest of the $1.70 to $1.80 range may come sooner than expected. At the time of writing, XRP is trading at $2.13, down by 3.85% in the past 24 hours and 8.9% in the past seven days. Featured image from Getty Images, chart from Tradingview.com
Popular crypto analyst with X username CasiTrades has shared an interesting technical analysis on the XRP market that postulates a potential short-term price gain. Notably, XRP prices have dipped by over 7% in the past week amidst a general crypto price correction. However, CasiTrades predicts there may be a window for quick price relief provided a specific support level remains valid. Related Reading: Ethereum Pulls Back To 20DMA After $2,700 Rejection: Testing Strength At Key Support Scalp Setup Tips XRP For $2.25 Price Target In an X post on May 30, CasiTrades outlines a XRP trade set up that presents a potentially lucrative short-term trading opportunity. Notably, the analyst explains that XRP decline to its 0.118 Fibonacci retracement level at $2.196 has pushed into a familiar price region for short-term scalp trades. Based on CasiTrades’ analysis, the perfect entry zone for many investors lied at $2.20, with a price target of $2.253 at the 0.236 Fibonacci retracement level acting as the take-profit zone. The analyst explains that this is scalp setup that operates on the high chance of securing quick price relief. Therefore, a price surge to $2.253 is not indicative of impending price reversal. However, in the presence of strong bullish momentum, XRP is well-poised to move beyond $2.253 with potential targets set at $2.333, $2.395 and $2.456. Notably, CasiTrades has identified the stop-loss for this trade set-up at $2.13. The analyst explains that market bulls must prevent a decisive price fall below this level as it would neutralize the validity of the entire scalp trade setup. In such a negative scenario, the altcoin is likely to experience further price decline with the next major support set around $1.77. Related Reading: Uniswap Rally Loading—Here’s Why The Next Move Could Be Explosive XRP Price Overview At press time, XRP trades at $2.14 following a significant 4.86% decline in the past one day and 3.01% in the past thirty days. Meanwhile, the asset’s daily trading volume has increased by 57.32% suggesting a surge in selling pressure in relation to the ongoing price crash. Based on its daily trading chart, XRP lies below its 200-day moving average indicating there is strong potential for the altcoin to maintain a downward trajectory and invalidate CasiTrades’ scalp relief projection. Meanwhile, the token’s Relative Strength Index currently stands at 36.47 and is headed for the oversold region which could potentially trigger a price rebound to around $2.30. With a market cap of $125.04 billion, XRP continues to rank as the fourth-largest cryptocurrency. Interestingly, market analyst with X username Crypto V backs the altcoin’s bullish potential projecting a market cap of $790 billion before 2025 runs out. Featured image from Pexels, chart from Tradingview
Crypto analyst Egrag Crypto has highlighted a bullish candle formation, which could send the XRP price to as high as $22. This comes just as the analyst predicted that the altcoin could hit a $1.5 trillion market. XRP Price Eyes Rally To $22 As Bullish Candle Forms In an X post, Egrag Crypto predicted that candle 13 on the yearly chart could be the breakout candle that sends the XRP price to $13 or $22. He also raised the possibility of the altcoin surging above these price levels, with a wick extending even higher. Based on his analysis of Candle 9, the 2021 yearly candle, the analyst noted that Candle 13 points to a target of around $17. Related Reading: XRP Holds Midline Support That Has Led To Breakout In The Past, Why $2.9 Could Be Next Egrag Crypto remarked that this aligns perfectly between $13 and $22 for the XRP price. He also commented on Candle 12, noting that it was the strongest Bullish Engulfing pattern. This engulfing process started from Candle 5 and continued through Candle 11. The analyst added that the body of these candles closed above all previous candles, which is a “classic bullish sign.” It is even more bullish when it occurs on a yearly or 12-month chart, as in this case. Commenting on the current XRP price action, Egrag Crypto stated that the noise is still loud on the high timeframes. He noted that the body of Candle 13 is above $1.85, and the wick extends up to around $3.40. The analyst claimed that a close below $1.85 could mark the end of the bull run, while a close above $3.40 confirms that XRP is heading to double digits. Interestingly, the crypto analyst declared that December 31 this year will be a date to remember in XRP history. He remarked that market participants will see where the XRP price stands and what kind of candle formations are shaping up for the legendary year. XRP At A Critical Level In an X post, Crypto analyst CasiTrades noted that the XRP price has returned to the $2.25 range, which is one of the most important levels on the chart. She stated that this zone has acted as both resistance and support since the $0.50 breakout, and now a proper backtest is underway. Related Reading: Crypto Analyst Predicts XRP Price Could Shoot To $12 Soon The analyst revealed that the smaller timeframes show that this level could hold. However, she warned that higher-timeframe confirmation is key and that the XRP price needs daily closes above $2.25 to confirm a bullish pivot. CasiTrades added that whether or not this is the final pivot, this level remains a high-probability zone for buyers. She noted that the next major support is at $1.90 if this $2.25 support fails. At the time of writing, the XRP price is trading at around $2.21, down almost 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
XRP price started a fresh decline below the $2.280 zone. The price is now correcting losses and might aim for a move above the $2.250 resistance. XRP price started a fresh decline below the $2.280 zone. The price is now trading below $2.270 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.270 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another decline if it fails to clear the $2.2440 level. XRP Price Dips Further XRP price failed to clear the $0.3550 resistance and started a fresh decline, like Bitcoin and Ethereum. There was a move below the $0.3000 and $0.280 support levels. The price even dipped below the $0.220 support level. A low was formed at $0.2132 and the price is now consolidating losses. There was a minor move above the $0.220 level. The price cleared the 23.6% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2132 low. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.2440 level. It is near the 50% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2132 low. The first major resistance is near the $2.270 level. There is also a key bearish trend line forming with resistance at $2.270 on the hourly chart of the XRP/USD pair. The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance or even $2.3650 in the near term. The next major hurdle for the bulls might be $2.420. Another Drop? If XRP fails to clear the $2.270 resistance zone, it could start another decline. Initial support on the downside is near the $2.180 level. The next major support is near the $2.160 level. If there is a downside break and a close below the $2.160 level, the price might continue to decline toward the $2.120 support. The next major support sits near the $2.080 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.180 and $2.160. Major Resistance Levels – $2.2440 and $2.270.
Crypto analyst Egrag Crypto has made a bold prediction that the XRP price can hit a $1.5 trillion market cap. He revealed how the altcoin can achieve this milestone by alluding to technical indicators, which show the measured move from this current market cap to a $1.5 trillion market cap. How The XRP Price Can Reach $1.5 Trillion Market Cap In an X post, Egrag Crypto stated that the Logarithmic move could send the XRP price to around $1.5 trillion market cap, exceeding the Fib 1.618 by approximately $500 billion. Meanwhile, the Non-Logarithmic move will put the altcoin at around $270 billion, aligning with the Fib 1.618. Related Reading: XRP Price Flashes Signal That Triggered 600% Rally In November 2024 The crypto analyst remarked that he sees two potential growth levels by measuring the previous cycle, the move from Fib 1.0 to Fib 1.618. Based on this, he predicts a 242% increase and a 600% increase. He then highlighted the four possible targets from the lowest to the highest. The first is the projected XRP price rally to a $270 billion market cap in line with the non-logarithmic measured move. The second target is a 242% XRP price rally to a $450 billion market cap, backing the previous cycle’s move from Fib 1.0 to Fib 1.618. The third target is another 242% rally to a $978 billion market cap. Meanwhile, the rally to a $1.5 trillion market cap is the last target, with the Non-Log W pattern measured move for maximum potential. Egrag Crypto highlighted what the XRP price could be based on its current circulating supply of 58.68 billion if it reaches these market cap targets. The altcoin’s price will be $4.60, $7.66, and $16.65 if it reaches the $270 billion, $450 billion, and $978 billion market caps, respectively. Meanwhile, XRP will hit $25.56 if it reaches the $1.5 trillion market cap milestone. Another Analysis To Support This Price Projection In another X post, Egrag Crypto predicted that the XRP price can reach between $13 and $22 based on his analysis of the altcoin’s yearly chart. He stated that candle 13 will be the breakout candle, which will lead to the rally to $13 or $22, with the wick potentially extending even higher. Related Reading: XRP Price Confirms Bullish Reversal Setup With This Demand Zone He noted that by analyzing Candle 9, the 2021 yearly candle, and its full body move of an 800% gain, applying this increase to Candle 13 points to an XRP price target of around $17. He added that this aligns perfectly between Line 1 at $13 and Line 2 at $22. It is worth mentioning that Egrag Crypto has also predicted that the altcoin could rally to $27 in 60 days, aligning with the $1.5 trillion market cap projection. At the time of writing, the XRP price is trading at around $2.28, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
A crypto analyst has predicted that the XRP price could surge to remarkable levels, ranging from $25 to $75, in June. According to the expert, a combination of key bullish factors is expected to drive this significant price rally, potentially marking new all-time highs for the altcoin. In a rather lengthy post on X (formerly Twitter), a crypto analyst known as ‘The Real Redmi Relief’ outlined a series of critical events scheduled for June and July 2025 that will serve as powerful catalysts for driving the XRP price to unprecedented levels between the $25 – $75 range. Catalyst Events Fueling XRP Price Next Surge Firstly, Elon Musk, CEO of SpaceX and Tesla, is expected to roll out X payments, making XRP more useful in real-world terms and driving global adoption—especially if it is included as a digital currency option within the platform. Alongside this, the analyst views the introduction of the “Genius Act” in June as a game-changing regulatory development. This newly proposed bill could bring well-needed clarity for and possibly ease restrictions surrounding digital assets, potentially eliminating adoption barriers for XRP. Related Reading: $10,000 XRP Theory: Factors Analyst Shares Scenarios That Could Drive Growth Another catalytic event that could drive the XRP price toward the analyst’s bullish target is the ongoing US SEC lawsuit, which is expected to reach a critical juncture in June. The resolution or a positive outcome in this case could eliminate years of regulatory uncertainty that previously suppressed XRP’s growth. Looking ahead from June to August, the anticipated approval and launch of XRP Exchange Traded Funds (ETFs) is another key driver. These ETFs would require fund managers to hold large quantities of XRP, creating substantial institutional demand. Given the relatively limited XRP supply available on exchanges, the market expert expects this increased demand to trigger a possible supply squeeze that would intensify upward price pressure. The final catalyst event that would push the altcoin toward $25 – $75 is the ISO 20022 messaging standard. The Real Redmi Relief has revealed that this electronic data exchange framework is set to be implemented in July, potentially pushing XRP more deeply into global payment infrastructures. Market Dynamics And Sentiment To Boost The Altcoin Outlook Beyond upcoming bullish events that could drive XRP’s price higher, the analyst offers a broader perspective on the cryptocurrency’s market dynamics and investor sentiment, which could also contribute to its projected rally. The analyst emphasized that the “delay game,” which previously stalled progress on key developments, including ISO 20022, XRP ETF approval, and SEC regulatory clarity, is now effectively over. Related Reading: XRP Price Surge To $10: Analyst Reveals Factors That Will Make It Happen In 2025 With multiple positive triggers converging around the same time frame, market participants could experience heightened FOMO, especially among institutional investors eager to capitalize on the potential upside. Notably, the analyst warns of possible manipulation practices on exchanges during this expected bullish run. He cautioned that some XRP might be sold off behind the scenes, resulting in withdrawal delays and various account issues. These tactics, as he claims, are part of a recurring pattern seen during past crypto market rallies, where large players accumulate assets at the expense of retail investors. Featured image from Getty Images, chart from Tradingview.com
XRP price started a fresh decline below the $2.320 zone. The price is now correcting losses and might aim for a move above the $2.350 resistance. XRP price started a fresh decline below the $2.300 zone. The price is now trading below $2.320 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.2920 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another decline if it fails to clear the $2.3250 level. XRP Price Faces Resistance XRP price found support at $2.220 and recently started a recovery wave, unlike Bitcoin and Ethereum. There was a move above the $2.2650 and $2.280 resistance levels, There was a move above the 50% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2279 low. Besides, there was a break above a connecting bearish trend line with resistance at $2.2920 on the hourly chart of the XRP/USD pair. However, the bears were active near the $2.30 level. The price is now trading below $2.320 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.3250 level. It is near the 76.4% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2279 low. The first major resistance is near the $2.3350 level. The next resistance is $2.350. A clear move above the $2.350 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.420 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50. Another Drop? If XRP fails to clear the $2.320 resistance zone, it could start another decline. Initial support on the downside is near the $2.280 level. The next major support is near the $2.260 level. If there is a downside break and a close below the $2.260 level, the price might continue to decline toward the $2.2320 support. The next major support sits near the $2.20 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.280 and $2.260. Major Resistance Levels – $2.320 and $2.340.
XRP has achieved another impressive milestone with the Dubai Land Department’s announcement of a $16 billion real estate tokenization project on the XRP Ledger (XRPL). This development has been lauded as one of the factors that could spark an XRP price rally. XRP Records Milestone With New Dubai Land Department Project In a press release, Ctrl Alt revealed that it has partnered with Dubai Land Department (DLD) to develop a secure and compliant tokenization framework. The project will focus on structuring, minting, and tokenizing real estate deeds on the blockchain. The release also mentioned that the XRP Ledger has been chosen for the tokenization project, representing a huge achievement for the XRP ecosystem. Related Reading: Is There A “Secret XRP Ledger” And Is The Price Really At $1,000? Ctrl Alt noted that the XRP Ledger is a decentralized layer-1 blockchain, which is renowned for its decade-long reliability and stability in tokenizing and exchanging digital and real-world assets. This move is expected to further enhance the network’s utility and ultimately increase demand for XRP, the network’s native token. Ripple Executive Reece Merrick commented on the development, noting that the Dubai Land Department forecasts a $16 billion tokenized real estate market by 2033. This represents 7% of total property transactions, which would be processed on the XRP Ledger. Pro-XRP lawyer John Deaton also commented on this milestone. In an X post, he remarked that people fail to realize that the XRP Ledger, which was created in 2012, has the world’s first decentralized exchange (DEX). He added that this DEX was designed for RWA tokenization, such as real estate, indicating that the XRPL is the perfect choice for the DLD. Crypto analyst Cryptoinsight highlighted how bullish this milestone is for the XRP price, predicting that it could be one of the catalysts that sparks a rally to $12. This will mark a new all-time high (ATH) for the altcoin. Other Recent Milestones For XRP And The XRP Ledger XRP has recorded some other milestones in the last week. Brazil’s Braza Group announced that its new USD-backed stablecoin, USDB, will launch on the XRP Ledger. This will give individuals and institutions a seamless and secure way to move value across borders. It is worth mentioning that Braza had already launched the BBRL, a Real-backed stablecoin, on the XRP Ledger earlier this year. Related Reading: XRP Price At $10-$20 Only The Beginning, It’s Headed For $1,000 – Analyst Reveals Meanwhile, Schuman Financial’s EURØP became the first MiCA-compliant euro stablecoin on the XRP Ledger last week. Ripple noted that this is a key step toward compliant stablecoin adoption, enabling payments, tokenized real-world assets (RWAs), and on-chain finance in the European market. Mayukha Vadari, a software engineer at Ripple, has also teased a number of exciting new features coming soon to the XRP Ledger. At the time of writing, the XRP price is trading at around $2.30, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
XRP price started a fresh decline from the $2.380 zone. The price is now moving lower and is currently at risk of more losses below $2.280. XRP price started a fresh decline below the $2.320 zone. The price is now trading below $2.3350 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.305 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another decline if it dips below the $2.280 level. XRP Price Faces Hurdles XRP price found support at $2.2670 and recently started a recovery wave, following Bitcoin and Ethereum. There was a move above the $2.320 and $2.350 resistance levels, There was a move above the 23.6% Fib retracement level of the downward wave from the $2.4768 swing high to the $2.2670 low. Besides, there was a break above a connecting bearish trend line with resistance at $2.305 on the hourly chart of the XRP/USD pair. However, the bears were active near the $2.360 level. The price is now trading below $2.3350 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.340 level. The first major resistance is near the $2.360 level. The next resistance is $2.3720. It is near the 50% Fib retracement level of the downward wave from the $2.4768 swing high to the $2.2670 low. A clear move above the $2.370 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.420 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50. Another Decline? If XRP fails to clear the $2.360 resistance zone, it could start another decline. Initial support on the downside is near the $2.280 level. The next major support is near the $2.260 level. If there is a downside break and a close below the $2.260 level, the price might continue to decline toward the $2.2320 support. The next major support sits near the $2.20 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.260 and $2.2320. Major Resistance Levels – $2.340 and $2.3720.
Crypto analyst Cryptoinsight has provided a bullish outlook for the XRP price, predicting that it could soon rally to as high as $12. He alluded to fundamentals and technicals, which could spark this parabolic rally. What Could Spark The XRP Price Rally To $12 In a YouTube video, Cryptoinsight highlighted the Dubai Land Department’s recent move to launch a tokenization platform on the XRP Ledger (XRPL) as one of the catalysts that could spark the XRP price rally to $12. He also mentioned other recent partnerships and major moves Ripple has made as factors that could contribute to the price surge. Related Reading: $10,000 XRP Theory: Factors Analyst Shares Scenarios That Could Drive Growth One is the crypto firm’s acquisition of the prime broker Hidden Road, which is expected to boost the XRP Ledger’s utility. This is ultimately bullish for the XRP price as the network’s native token. The crypto analyst also mentioned the alleged link between Hidden Road and the DTCC, which enables the prime broker to process trillions of dollars in US Treasury trades daily. Cryptoinsight also noted that Ripple has acquired a payments license in Dubai, which is bullish for the XRP price, since it is the native token of the crypto firm’s payment services. He alluded to reports of the crypto firm allegedly looking to acquire USDC issuer Circle and the XRP ETFs, whose approval odds continue to soar. Ripple CEO Brad Garlinghouse recently discussed crypto ETFs, which the analyst believes could be a hint that these ETFs will be approved soon. Lastly, he mentioned the XRP lawsuit as another event that could be a catalyst if the long-running legal battle ends soon. Cryptoinsight predicts that the XRP price rally to $12 could happen in the next few months. From a technical perspective, he also highlighted bullish indicators like a bull flag that had formed on XRP’s weekly chart. The crypto analyst stated that momentum is starting to reverse to the upside and that buyers could step in soon. The Altcoin On The Verge Of A Local Low In an X post, crypto analyst CasiTrades stated that the XRP price hasn’t made a local low yet but is on the verge of doing that. She remarked that all signs point to a retest of the $2.25 to $2.26 zone. The analyst added that this is a major structural support that aligns with the macro .382 retracement and has been a key level for the last six months. Related Reading: XRP Price Explosion To $5.9: Current Consolidation Won’t Stop XRP From Growing If that support zone holds, she claimed it could mark the base for a new wave toward $2.70. However, if it breaks, the deeper support levels at $1.90 and $1.55 would come back into focus, meaning that the altcoin could still drop below the psychological $2 level before the next leg up. At the time of writing, the XRP price is trading at around $2.30, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
XRP price started a fresh decline from the $2.350 zone. The price is now moving lower and is currently at risk of more losses below $2.30. XRP price started a fresh decline below the $2.30 zone. The price is now trading below $2.350 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming with resistance at $2.305 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.350 resistance. XRP Price Eyes Dips Again XRP price found support at $2.265 and recently started a recovery wave, following Bitcoin and Ethereum. There was a move above the $2.30 and $2.32 resistance levels, There was a move above the 23.6% Fib retracement level of the downward move from the $2.4767 swing high to the $2.2670 low. However, the bears were active near the $2.350 level. There is also a new connecting bearish trend line forming with resistance at $2.305 on the hourly chart of the XRP/USD pair. The price is now trading below $2.35 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.305 level and the trend line. The first major resistance is near the $2.340 level. The next resistance is $2.3720. It is near the 50% Fib retracement level of the downward move from the $2.4767 swing high to the $2.2670 low. A clear move above the $2.370 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.420 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50. Another Decline? If XRP fails to clear the $2.3720 resistance zone, it could start another decline. Initial support on the downside is near the $2.280 level. The next major support is near the $2.2650 level. If there is a downside break and a close below the $2.2650 level, the price might continue to decline toward the $2.2350 support. The next major support sits near the $2.20 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.2650 and $2.2350. Major Resistance Levels – $2.3720 and $2.420.
Crypto analyst Egrag Crypto has predicted that the XRP price can reach $46 based on a historical pattern recorded in the first market cycle. Meanwhile, his analysis of the 3-cycle ride also showed that the altcoin can still reach double digits if it mirrors patterns recorded in other cycles. XRP Price To Reach $46 If It Mirrors Cycle One In an X post, Egrag Crypto stated that market participants could see the XRP price touching $46 if the altcoin repeats a pattern like the first cycle. He highlighted the historical pattern in cycle one, in which XRP dropped below the 21 Exponential Moving Average (EMA) and then dropped an incredible 5,550%. The altcoin then retraced back to the 21 EMA and then dropped another 2,500%. Related Reading: XRP Price To See 64,000% Rally To $1,700? Analysts Reveal End Of Year Predictions Meanwhile, the crypto analyst predicts that the XRP price can reach $12 if it follows cycle 2. In the second cycle, XRP dropped below the 21 EMA, which led to a 150% breakdown. The altcoin then retraced to the 21 EMA, before it fell again by 500%. Egrag Crypto noted that averaging these projections of a 2,500% and 500% surge gives almost 1,500%, which roughly suggests a target of $30. However, the analyst stated that his estimate is $27. Commenting on this current cycle, which is the third cycle, the analyst revealed that the XRP price has dropped below the 21 EMA, with a potential rise of 430%. He further noted that the altcoin is retracing back to touch the 21 EMA. If XRP stays above $2, Egrag Crypto claims that the EMA will descend to meet the price. He affirmed that it is coming and very soon. The Altcoin To Hit $27 In Just 60 Days? In another analysis, Egrag Crypto raised the possibility of the XRP price gaining 1,700% and rallying to $27 in just 60 days. He stated that if XRP is repeating the last section or pattern from October 2017, then the altcoin might be on the brink of a major breakout soon. Back then, it took the altcoin about 63 days to explode and set a new all-time high (ATH), surging by 1,772%. Related Reading: XRP Price Confirms Bullish Reversal Setup With This Demand Zone If history repeats itself, Egrag Crypto is confident that the XRP price could be approaching $27 within the next 63 days. He reminded market participants that securing profits along the way is always wise as the altcoin rallies to this target. The analyst also revealed that breaking the $3 mark, the high from the February 24 candle this year, is the ultimate target in preparation for the rally to double digits. At the time of writing, the XRP price is trading at around $2.33, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
XRP price has entered into another consolidation pattern following its break below $2.4 over the weekend. Now, this is nothing new for XRP, which has previously gone on years-long consolidations before now. Just like before, the current consolidations seems to be preceding something bigger and this move could send the altcoin soaring toward new all-time highs. XRP Price Still Holding Above Key Support In an analysis, “Dennishhrndz” showed where the XRP price is currently sitting and the factors that are surrounding the altcoin right now. Firstly, he explains that the cryptocurrency is still trading above a long-term rising trend line. Furthermore, there is tight consolidation in a bullish compression patter, which he likened to a classic “coiled spring.” Related Reading: Ethereum Nears $2,800 Break-Even Zone: Why This Is Important For Rally To $3,000 Not only this, but over the last six months, the XRP price has also been putting in higher lows, a development that is bullish for the price of any cryptocurrency. Since XRP is maintaining this trend, it suggests that there is still bullish firepower despite the price decline. Add in the fact that it is still trading above a very important trendline support, XRP is showing that its uptrend is far from over. The trendline support here is sitting at $2, and with the XRP price still skirting around $2.3, it is still more than 10% away before testing this support level. Inversely, the major resistance outlined by the crypto analyst is one at the $2.7 level. This suggests a run-up before the XRP price encounters any major pushback. Other important developments to note is the fact that the RSI is now sitting in a neutral position. At a 50.88 RSI, give or take, it means that the RSI is resetting. This gives it a fresh start and a bounce board that could help it take off toward the next major level. The MACD is also seeing a bullish crossover as the momentum has been rising slowly during this time. This also follows the decline in the trading volume. Now, low trading volumes often signal bearish control but they also serve as a signal leading up to breakout patterns. When To Get In Given the developments outlined by the crypto analyst, he gives two major buy levels. The first one here is the $2 to $2.2 zone. This is where support for the XRP price lies and serves as a buy zone. Meanwhile, the second level to get in is after the break above $2.7 with strong volume, which would signal continuation. Related Reading: Technical Analyst Predicts Bitcoin Price Blow Off Top To $325,000 – The Timeline Will Shock You Such a break above $2.7 would allow the XRP price to rally towards its true targets. First is a run-up to $3.50, and then the crypto analyst sees a shot to $5. “The longer this consolidates above trendline support, the stronger the breakout move will be,” the analyst said. Featured image from Dall.E, chart from TradingView.com
XRP price started a consolidation phase above the $2.250 zone. The price is now rising and might aim for an upside break above $2.350. XRP price started a decent increase above the $2.30 zone. The price is now trading below $2.350 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.30 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.380 resistance. XRP Price Eyes Fresh Gains XRP price started a downside correction below the $2.420 level, following Bitcoin and Ethereum. There was a move below the $2.350 and $2.30 levels. However, the bulls were active near the $2.650 level. A low was formed at $2.2670 and the price is now recovering. The price even surpassed the $2.300 resistance. There was a break above a connecting bearish trend line with resistance at $2.30 on the hourly chart of the XRP/USD pair. The pair even surpassed the 23.6% Fib retracement level of the downward move from the $2.4767 swing high to the $2.2670 low. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.380 level. It is close to the 50% Fib retracement level of the downward move from the $2.4767 swing high to the $2.2670 low. The first major resistance is near the $2.40 level. The next resistance is $2.420. A clear move above the $2.420 resistance might send the price toward the $2.480 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.5650 in the near term. The next major hurdle for the bulls might be $2.650. Another Decline? If XRP fails to clear the $2.380 resistance zone, it could start another decline. Initial support on the downside is near the $2.320 level. The next major support is near the $2.30 level. If there is a downside break and a close below the $2.30 level, the price might continue to decline toward the $2.2650 support. The next major support sits near the $2.250 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.320 and $2.30. Major Resistance Levels – $2.380 and $2.420.
XRP prices have fallen 4.08% in the past day alongside the majority of the crypto market following the US announcement of a potential 50% tariff on goods being imported from the European Union (EU). Amid this market downturn, popular market analyst CasiTrades has stated that XRP lies in danger of a further decline should a particular support level fail. Related Reading: Ethereum Holds Above Key Prices – Data Points To $2,900 Level As Bullish Trigger XRP Must Avoid Crash Below $2.25 – $2.26 As Bitcoin prices reached a new all-time high in the past week, XRP followed suit, reaching as high as $2.45 before experiencing a price rejection driven by negative macroeconomic pressure due to the new international tariffs by the US Government. In the day, XRP price notably declined by over 5% from $2.45 to $2.33 before finding some stability to enter a sideways movement as seen in the last few hours. According to CasiTrades, XRP’s rejection aligns with a 1:1 Fibonacci extension of the corrective C-wave pattern in the Elliott Wave Theory, signaling the possible exhaustion of the previous relief rally seen earlier in the week. Notably, the analyst warns that XRP’s decline may lead to a retest of “major structural support” at the $2.25 – $2.26 price zone, which aligns with the Fibonacci retracement level 0.382. CasiTrades explains that Fib 0.382 has represented a key technical price level over the past six months. Therefore, a price break below this level could trigger deeper corrections, forcing XRP’s price as low as $1.55 – $1.90, a price move that would wipe out all price gains that have been recorded since the crypto market uptrend resumed in early April. However, if the $2.25 – $2.26 support zone holds, such market resilience could trigger a new price rally to around $2.70 and beyond. Thereafter, XRP is likely to return to the local peak of the current bull run at $3.84. Related Reading: Bitcoin Buyers Regain Control – Spot CVD Flashes Bullish Shift Above $110,000 XRP Price Overview At the time of writing, XRP continues to trade at $2.33 following a 1.45% decline in the past week. However, the altcoin is up by 9.77% in the past month, reflecting that the majority of new market entrants are still in profit. In other positive news, Volatility shares launched an XRP futures exchange-traded fund (ETF) on May 22. It is a 1x fund, indicating that it would track the daily performance of XRP futures contracts with no leverage. With a total market cap of $233.58 billion, XRP remains the 4th largest cryptocurrency and third-largest altcoin in the market. Featured image from iStock, chart from Tradingview
After mirroring Bitcoin’s strong breakout over the past week, XRP recently surged to an intraday high of $2.47 before retracing to a lower daily close. Despite this, the broader outlook for XRP is bullish, with the altcoin generally moving in lockstep with Bitcoin and the wider crypto rally. According to recent analysis, a key technical signal just flashed, one that previously preceded a massive 600% rally in November 2024. Familiar Weekly RSI Signal Returns After 200 Days According to crypto analyst Dark Defender, XRP has once again produced a rare Golden Cross on its weekly RSI indicator, an event that last occurred on November 4, 2024. That signal directly preceded XRP’s explosive 600% rally, and its reappearance points to the potential emergence of a similar trajectory for the crypto. Related Reading: Crypto Analyst Explains XRP Price Roadmap To $37 As Bears Fight For Control Notably, the appearance of the new RSI cross coincides with the elimination of a long-standing weekly resistance trendline after XRP broke to $2.59 on May 14. The analyst’s chart clearly highlights this breakout, with a bright green trendline now breached and a bullish pin bar candlestick forming just above it, adding strength to the bullish case. The RSI’s behavior in the 1W candlestick timeframe chart below is also particularly telling. The purple RSI line has crossed above the yellow moving average once again, exactly as it did in early November 2024. Back then, XRP flashed the cross when its price was trading around $0.5. However, the ensuing price action saw it explode by over 600% to peak at a multi-year high around $3.31 on January 12, 2025. $3.33 In Sight, But $5.85 May Be The Real Prize Considering the previous price action after the weekly RSI cross in late 2024, crypto analyst Dark Defender’s outlook is based on repeating the same 600% rally or close in the coming weeks. Following this development, Dark Defender has outlined two key price targets. Related Reading: XRP Price Confirms Bullish Reversal Setup With This Demand Zone The first is $3.33, close to the multi-year peak in January 2025. Should XRP break past that level, the next major target lies around $5.85, corresponding to the 261.8% Fibonacci level. The analyst refers to this upper range as the parapet, meaning that this level could be the next all-time high peak after the price rally. The Elliott Wave structure plotted on the chart outlines a five-wave impulsive move, and XRP is now about to enter wave III, the longest and most powerful wave in a bullish cycle. If this structure plays out as expected, XRP could rapidly push through $2.59, hold above $3.33, and rally toward the upper boundary of the projection range. Interestingly, none of these price targets uses a repeat of the full 600% rally. The $3.33 target is 43% away from the current price level, while $5.85 represents a 150% gain from the current price. At the time of writing, XRP is trading at $2.34. Featured image from Pexels, chart from Tradingview.com
XRP price started a consolidation phase above the $2.40 zone. The price is now rising and might aim for an upside break above $2.50. XRP price started a decent increase above the $2.40 zone. The price is now trading above $2.420 and the 100-hourly Simple Moving Average. There was a break above a key rising channel with resistance at $2.450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.480 resistance. XRP Price Eyes More Gains XRP price remained supported above the $0.2320 level and started a fresh increase, following Bitcoin and Ethereum. There was a move above the $0.2350 and $0.2365 resistance levels. The price even surpassed the $0.240 resistance. There was a break above a key rising channel with resistance at $2.450 on the hourly chart of the XRP/USD pair. The bulls pushed the price toward the $0.250 level. A high was formed at $0.2479 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.3360 swing low to the $2.4796 high. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.480 level. The first major resistance is near the $2.50 level. The next resistance is $2.550. A clear move above the $2.550 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.720 resistance or even $2.750 in the near term. The next major hurdle for the bulls might be $2.80. Are Dips Limited? If XRP fails to clear the $2.50 resistance zone, it could start another decline. Initial support on the downside is near the $2.450 level. The next major support is near the $2.40 level and the 50% Fib retracement level of the upward move from the $2.3360 swing low to the $2.4796 high. If there is a downside break and a close below the $2.40 level, the price might continue to decline toward the $2.350 support. The next major support sits near the $2.3250 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.450 and $2.420. Major Resistance Levels – $2.480 and $2.50.
XRP price forecasts have taken a dramatic turn as bold predictions surface, suggesting that the cryptocurrency could be on the verge of a parabolic 64,000% rally to $1,700. Analysts backing this ambitious forecast point to historical price patterns and XRP’s current technical structure as the basis for their end-of-the-year predictions. A chart shared by crypto analyst The Real Remi Relief on X (formerly Twitter) shows that XRP is mirroring a technical pattern that preceded its 2017-2018 historical bull run — one that saw the third largest cryptocurrency skyrocket by tens of thousands of percent in just a few months. Now that this historical pattern is unfolding, the analyst has confirmed that a breakout is on the horizon for XRP, with projections pointing toward a potential price target as high as $1,700. XRP Price End Of Year Forecast The chart shows two distinct consolidation phases in XRP’s price action — the first spanning from 2014 to 2017 and the second lasting from 2018 until early 2024. During both periods, the cryptocurrency underwent a long-term compression under a descending resistance line. This compression was followed by a breakout, retest, and vertical price expansion. Related Reading: XRP Moves Into Key Range Against Bitcoin As 3 Major Targets Show Up Notably, this breakout in 2017 led to XRP reaching its historical all-time high of $3.84 — a level it hasn’t revisited for over six years. Earlier this year, XRP experienced a similar breakout that pushed it above the multi-year downtrend. The current chart shows that the cryptocurrency’s retest is holding steady, and this pattern has previously preceded massive rallies during the past bull cycles. As a result, Real Remi Relief argues that history is on the verge of repeating itself. According to his end-of-year forecast for XRP, the cryptocurrency is poised for a staggering 64,000% rally, placing its price at a jaw-dropping $1,700 per token by as early as Q4 2025 or Q1 2026. While the timeline could extend into the following year, the outlook still frames 2025 as a bullish turning point for XRP, with strong potential for the altcoin to close the year in a strong green. Interestingly, the crypto expert has also shared a more conservative target, predicting that XRP could record a still ambitious, but more realistic surge to $1,200 by year’s end. XRP Could Skyrocket Even Higher By 150,000% While the Real Remi Relief’s $1,700 price projection for XRP is undeniably bold, the analyst goes even further, speculating that the cryptocurrency’s total upside potential in this cycle could soar as high as 80,000% and 150,000%. This surge could catapult XRP’s current price of $2.4 to an astonishing $1,920 and $3,600, respectively. Related Reading: XRP: Exit Liquidity Pattern Forming Signals Crash To $1 Such gains would not only eclipse XRP’s previous all-time high but also represent one of the most dramatic asset revaluations in crypto history. Skepticism remains, of course, particularly amongst commentators under the analyst’s X post, who view this bold forecast as an almost impossible goal. Featured image from Adobe Stock, chart from Tradingview.com
XRP price started a consolidation phase above the $2.320 zone. The price is now rising and might aim for an upside break above $2.450. XRP price started a decent increase above the $2.3650 zone. The price is now trading above $2.380 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.3580 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.450 resistance. XRP Price Eyes Steady Increase XRP price started a fresh downside correction in a range and traded below the $2.380 zone, unlike Bitcoin and Ethereum. There was a move below the $2.3650 and $2.350 levels. The price tested the $2.3350 zone. A low was formed at $2.33360 and the price is now moving higher. There was a move above the $2.350 and $2.3650 levels. The price cleared the 50% Fib retracement level of the downward move from the $2.4315 swing high to the $2.3360 high. The price is now trading above $2.38 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.3580 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.410 level. It is close to the 76.4% Fib retracement level of the downward move from the $2.4315 swing high to the $2.3360 high. The first major resistance is near the $2.4320 level. The next resistance is $2.450. A clear move above the $2.450 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.5650 in the near term. The next major hurdle for the bulls might be $2.650. Another Decline? If XRP fails to clear the $2.450 resistance zone, it could start another decline. Initial support on the downside is near the $2.3650 level. The next major support is near the $2.3580 level and the trend line If there is a downside break and a close below the $2.3580 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.2650 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.3580 and $2.320. Major Resistance Levels – $2.420 and $2.450.
In a recent update on X, market analyst CRYPTOWZRD highlighted a developing double bottom formation on the XRPBTC chart, suggesting a possible bullish reversal may be underway. Although XRP ended the previous session with indecisive movements, this emerging pattern could drive its price action higher. Should the reversal confirm, XRP is likely to push toward the $2.80 resistance zone. Bitcoin Dominance Pressures Altcoins, XRP Included Expanding on his initial analysis, the analyst noted that XRP and XRPBTC closed their daily candles indecisively, reflecting ongoing market uncertainty and a lack of strong directional action. While XRPBTC is currently holding above a key double bottom formation, the analyst emphasized that the pair still appears relatively weak and requires more stable and constructive price action to confirm a bullish breakout. A strong reaction from this level could serve as a catalyst, helping XRP gain momentum from its current position on the chart. Related Reading: XRP Price Will Still Rally From Here, Crypto Veteran Raoul Pal Forecasts He also pointed out that Bitcoin dominance continues to exert pressure on altcoins, including XRP, causing them to underperform in their BTC pairs. As Bitcoin dominance approaches a major resistance level, the analyst anticipates a reversal that could shift capital flow back into altcoins. Such a reversal would provide a favorable environment and support a broader bullish continuation for XRP. Looking ahead, the analyst stated that his focus will remain on the lower time frames throughout the next trading session to determine the next scalp opportunity, particularly if XRPBTC begins to show signs of recovery and buyers step in with stronger momentum. Waiting On Confirmation: No Entry Without A Clear Move Concluding his analysis, the analyst provided his outlook for the near-term price action, noting that intraday trading was choppy and lacked clear direction throughout the session. Despite the indecisiveness, he predicts a potential upside continuation if the price breaks above the $2.4650 intraday resistance level. Related Reading: Massive XRP Selling Pressure Is Stalling Price Action, Analyst Warns Conversely, he identified $2.3160 as a crucial intraday support level, where buyers may step in if the market pulls back. This zone will be important to watch, as a breakdown below it could delay any immediate bullish momentum and signal further consolidation. The price action between these two levels will likely define the short-term direction for XRP. He emphasized that patience is key at this stage, urging traders to wait for a clear and healthy move before considering new entries. With market conditions still uncertain, the analyst plans to stay focused on refined setups and mature formations to ensure higher-probability trades in the sessions ahead. Featured image from iStock, chart from Tradingview.com
Crypto analyst Galaxy has drawn similarities between the current XRP price action and the 2017 bull run, when the altcoin recorded significant gains. He predicts the altcoin could soon rally to double digits, mirroring the 2017 rally. XRP Price To Rally To Double Digits As It Mirrors 2017 Rally In an X post, Galaxy indicated that the XRP price could rally to double digits as it mirrors the 2017 rally. He stated that XRP is almost perfectly following the breakout pattern of 2017 after 6 years of consolidation. The analyst added that the longer the consolidation, the bigger the price move. Related Reading: XRP Reaching Oversold Levels As Net Flows Turn Negative, What’s Next? His accompanying chart showed that the XRP price could rally to almost $40 on this breakout. The analyst seems convinced that the altcoin could witness such a parabolic move, considering that XRP surged by 61,000% in 280 days in 2017. The chart also showed that the altcoin will likely reach this target sometime next year. Crypto analyst Egrag Crypto has also stated that he expects the XRP price to reach between $27 and $33 in this market cycle. He believes that a repeat of the 2017 historical performance makes these price targets achievable for the altcoin. The analyst has also alluded to factors such as the XRP ETFs and Ripple’s expansion as factors that could drive this price surge. Meanwhile, crypto veteran Raoul Pal also affirmed that the XRP price has enough room to rally to the upside from its current level. He highlighted a bull flag that had formed for the altcoin, following its consolidation phase after last year’s rally. The veteran expects XRP to witness a bullish continuation after this consolidation phase, possibly rallying to as high as $5. This would mark a new all-time high (ATH) for the token. The Altcoin In A Bullish Phase Crypto analyst CobraVanguard asserted that the XRP price is in a bullish phase, while highlighting a falling wedge pattern that was forming for the altcoin. He remarked that this pattern indicates the altcoin’s potential to reach $3. However, the analyst warned that this setup could be invalidated if the wedge pattern is broken downwards with the strength of bearish candles. Related Reading: XRP Price Explosion To $5.9: Current Consolidation Won’t Stop XRP From Growing Meanwhile, crypto analyst Dark Defender noted that the XRP price is currently in Wave B of its Wave 2 corrective move. He predicts that the altcoin could rally to its current all-time high once the B and C waves are completed in this corrective wave. The analyst is also confident that the altcoin can rally to double digits in the long term. He once predicted that the altcoin could reach $18 based on his Elliott Wave Theory analysis. At the time of writing, the XRP price is trading at around $2.38, up in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com